Bybit Adds NVDAX Tokens To Welcome Rewards
Bybit, the world's second-largest cryptocurrency exchange, introduces NVDAX (tokenized NVIDIA equity by xStocks) as a welcome-program reward effective March 25, 2026, offering new users $20 in NVDAX for completing onboarding tasks. NVDAX is issued as Solana SPL and ERC-20 tokens, backed 1:1 by NVIDIA shares, enabling fractional ownership and 24/7 on-chain settlement.
Key Points
- 1Introduces NVDAX as welcome reward, offering $20 equivalent for new users who complete tasks
- 2Launches tokenized NVIDIA shares on Solana and ERC-20, 1:1 backed by real NVDA shares
- 3Enables 24/7 fractional equity exposure and instant on-chain settlement for retail crypto users
Scoring Rationale
Official company press release about a new product offering that is timely and directly actionable for retail traders. Scored for moderate novelty and segment-level scope, high actionability and credibility; modestly reduced for being a shallow promotional announcement rather than in-depth analysis.
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